HomeMy WebLinkAboutResolution_86-04/05_08/11/2005r
RESOLUTION NO. 86-04/05
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE
OF TEQUESTA, PALM BEACH COUNTY, FLORIDA,
APPROPRIATING UNRESERVED FUND BALANCE IN GENERAL
FUND #001, INCREASING THE 2004/2005 GENERAL FUND
BUDGET $19,438.06, INCREASING THE BUDGETED AMOUNTS
IN ACCOUNT(S) "VOT PENSION CONTRIBUTIONS" BY
$14,405.34 FOR FIREFIGHTERS AND $5.032.12 FOR
POLICE OFFICERS AND AUTHORIZING THE VILLAGE MANAGER
TO PROCEED ON BEHALF OF THE VILLAGE.
WHEREAS, The State of Florida, Department of
Management Services requires the Village of
Tequesta to make an additional contribution to the
Village of Tequesta Public Safety Pension Trust
and,
WHEREAS, Gabriel, Roeder, Smith & Company,
Consultants & Actuaries for the Village of Tequesta
Public Safety Pension Trust agree with the State's
requirement for an additional contribution to fund
the Pension Trust and,
WHEREAS, The amount of the increase for the
required contribution is $14,313.84 for
Firefighters, $4,999.95 for Police Officers for a
total contribution of $19,438.06 and
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL
OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA,
AS FOLLOWS:
SECTION 1: A Resolution appropriating $19,438.06 of
Unreserved Fund Balance in the General Fund #001, to
increase the 2004/2005 General Fund Budget and to
increase the amount contributed to the Public Safety
Pension Trust by that amount and to authorize the
Village Manager to proceed on behalf of the Village.
THE FOREGOING RESOLUTION WAS OFFERED by Councilmember
Resnik, who moved its adoption. The motion was
seconded by Vice Mayor Watkins, and upon being put to a
vote, the vote was as follows:
FOR ADOPTION
Jim Humpage
Pat Watkins
Geraldine A. Genco
Edward D. Resnik
Tom Paterno
AGAINST ADOPTION
The Mayor thereupon declared the Resolution duly passed
and adopted this 11th day of August, A. D, 2005.
MAYO OF TEQ~TA--~
G
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im Humpag
ATTEST:
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,wen Carlisle
Village Clerk
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